Australia's Peter Warren Automotive slips on lower annual profit

Peter Warren Automotive Holdings

21/08/2026 03:51

** Shares of Peter Warren Automotive PWR.AX fall as much as 6.8% to A$0.89, their lowest level since June 25
** Stock posts its steepest intraday pct fall since June 16, and on track for worst week since early June, if losses hold 
** The automotive dealership firm reports full-year profit attributable of A$6.3 million ($4.50 million), down over 47% pcp
** FY26 was characterised by heightened competition, pressure on new vehicle
margins and a clear shift in customer demand towards value, technology, fuel efficiency and new energy vehicles, said CEO Andrew Doyle
** Down 52% YTD, including the session's moves
     
($1 = 1.4015 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))